hoertest
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October 02, 2014, 09:05:00 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much.
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cryptico
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October 02, 2014, 09:31:25 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. Market is rigged too many shit coins. Xc will bring back sanity after rev3
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Mountaingoat
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October 02, 2014, 09:32:29 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. I agree, we need more volume, otherwise people might start leaving XC and that will result in a price drop that XC will probably not recover from.
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 02, 2014, 09:37:02 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. I agree, we need more volume, otherwise people might start leaving XC and that will result in a price drop that XC will probably not recover from. I don't think that's true. XC's tech is so strong that the price at any given point is completely unimportant. Tech like this is incredibly valuable; it's just a matter of when external factors coincide to facilitate the price coming to reflect its true value.
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Co-Founder, the Blocknet
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sugarboy321
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October 02, 2014, 09:39:02 AM |
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So if my Internet drops out while I am mixing, I get banned and I can't send XC anymore?
Or am I wrong here? Please explain this a bit better.
No. Dan stated on the previous page that there's a rating system, and nodes that don't sign a transaction get downrated. Also, this system is being upgraded for Rev 3. Finally this system is not to ensure the security of your coins, since nodes that drop out can't steal anything (i.e. security is no issue). Rather, the rating system is to prevent DOS attacks on the network. Nodes that attempt to systematically and intentionally drop out of the network get downrated and therefore can't continue to do so. Will the nodes get blacklisted if rating drops too low? Does living in a South American country with bad internet going to affect nodes? Will nodes be upgraded with each successful transaction?
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 02, 2014, 09:41:45 AM |
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So if my Internet drops out while I am mixing, I get banned and I can't send XC anymore?
Or am I wrong here? Please explain this a bit better.
No. Dan stated on the previous page that there's a rating system, and nodes that don't sign a transaction get downrated. Also, this system is being upgraded for Rev 3. Finally this system is not to ensure the security of your coins, since nodes that drop out can't steal anything (i.e. security is no issue). Rather, the rating system is to prevent DOS attacks on the network. Nodes that attempt to systematically and intentionally drop out of the network get downrated and therefore can't continue to do so. Will the nodes get blacklisted if rating drops too low? Does living in a South American country with bad internet going to affect nodes? Will nodes be upgraded with each successful transaction? You'll have to ask Dan about the details of the ratings system, but if your node's internet connection keeps dropping out it would effectively be a DOS attack on XC's network, and so your node would get downrated. But to clarify: your node only mixes transactions when you make a payment. So it wouldn't get rated at all unless you were continually making payments.
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Co-Founder, the Blocknet
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reebokasss
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October 02, 2014, 10:05:12 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. Market is rigged too many shit coins. Xc will bring back sanity after rev3 you and others said the same before rev2 : "xc will be huge after rev2" , "volume will increase, price will rise" and bla bla bla. I said that price will be the same. Adn what we see now? price is the same like before rev2 and volume is awful so i dont think that it will change very after rev3. and i remenber that devs said that we will see rev3 in autumn, but i dont think so because its second month on autumn and we dont have date of rev2.5...
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cryptico
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October 02, 2014, 10:07:04 AM |
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if you think price will not change why do you still hold XC?
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illodin
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October 02, 2014, 10:08:26 AM |
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But to clarify: your node only mixes transactions when you make a payment. So it wouldn't get rated at all unless you were continually making payments.
When your node is supposed to relay a fragment (transaction or chat message), but stalls, is it downgraded then as well?
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reebokasss
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October 02, 2014, 10:10:35 AM |
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if you think price will not change why do you still hold XC?
because i know that before/after rev2.5 price will rise to ~170k like after rev2 , and then i will sell, because later in 1-2 weeks price will reach 130 again... i will reqoute this message for you then
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 02, 2014, 10:13:00 AM |
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if you think price will not change why do you still hold XC?
because i know that before/after rev2.5 price will rise to ~170k like after rev2 , and then i will sell, because later in 1-2 weeks price will reach 130 again... i will reqoute this message for you then Remember we're having an ITO. The price will not remain where it is.
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Co-Founder, the Blocknet
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cryptico
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October 02, 2014, 10:14:16 AM |
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if you think price will not change why do you still hold XC?
because i know that before/after rev2.5 price will rise to ~170k like after rev2 , and then i will sell, because later in 1-2 weeks price will reach 130 again... i will reqoute this message for you then cool and then you buy back in at 130?
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reebokasss
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October 02, 2014, 10:14:49 AM |
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if you think price will not change why do you still hold XC?
because i know that before/after rev2.5 price will rise to ~170k like after rev2 , and then i will sell, because later in 1-2 weeks price will reach 130 again... i will reqoute this message for you then Remember we're having an ITO. The price will not remain where it is.I like this coin really much and im still holding, but i cant listen talkings like that, because im reading this everyday about 3-4 months (exept pump to 300k in July)
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 02, 2014, 10:16:47 AM |
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But to clarify: your node only mixes transactions when you make a payment. So it wouldn't get rated at all unless you were continually making payments.
When your node is supposed to relay a fragment (transaction or chat message), but stalls, is it downgraded then as well? Yes it would be downgraded if it stalls - though chat messages don't get fragmented, and nor do they get mixed, so the rating system doesn't apply to XChat. But an occasional stall will not get you into trouble. XChat is based only on the Xnode protocol, which is end-to-end encryption. This is important because chat messages should not get stored on the blockchain, as this would be a privacy risk (and it would bloat the chain).
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Co-Founder, the Blocknet
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Sabretooth
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October 02, 2014, 10:27:34 AM |
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Does it matter what the price is today if long term fundamentals are good, and the value-add of the coin is increasing? It is just a matter of time before the rest of the market sees things the way we do. I really like the graphic that was done by someone here with the picture of androids using an Xcurrency ATM. It really hit home how strong our product, marketing, branding and name is. As someone mentioned during the week it was the damage done earlier while we were X11 which is holding things back for us, its only a matter of time before the rest of the market forgets/forgives this understands exactly where we are at and what we are trying to achieve. It only would take a few more enquiries from cash rich, DRK investors to switch over to get things moving. I remember when I first bought in I had no idea that my own purchasing was contributing to pushing the market up to 160K, when I stopped buying it dropped almost instantly. The very small amount of bitcoin I was adding to the market made a big difference.
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Uno: uVcEaDQ5MXcYRjSGY1E7FXfrtxGk6QKnBm
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hoertest
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October 02, 2014, 10:34:30 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. I agree, we need more volume, otherwise people might start leaving XC and that will result in a price drop that XC will probably not recover from. I don't think that's true. XC's tech is so strong that the price at any given point is completely unimportant. Tech like this is incredibly valuable; it's just a matter of when external factors coincide to facilitate the price coming to reflect its true value. define external factor please. Just do me a favor and keep the PR releases more in peoples language . Probably stupid language to your standards . will do wonders to grow the community. We had this discussion a few pages back if you wanna check it out.
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 02, 2014, 10:44:21 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. I agree, we need more volume, otherwise people might start leaving XC and that will result in a price drop that XC will probably not recover from. I don't think that's true. XC's tech is so strong that the price at any given point is completely unimportant. Tech like this is incredibly valuable; it's just a matter of when external factors coincide to facilitate the price coming to reflect its true value. define external factor please. Just do me a favor and keep the PR releases more in peoples language . Probably stupid language to your standards . will do wonders to grow the community. We had this discussion a few pages back if you wanna check it out. External factors: Bitcoin's downtrend, Summer, FUD, etc. Yes, I've been reading up on the past few pages and it's a pity I missed that conversation. It's valuable to me to hear how people experience XC's PR. I agree that "people's language" is more accessible, and this will be important when XC starts marketing XChat. The focus in the past has been to establish the following: - XC's legitimacy - The superiority of XC's tech - an understanding of XC's tech This, in my opinion, is best done by writing in a more formal and academic style. Such a style addresses security experts and the intellectual cryptographer community, and its tone is professional, serious, and clear. In contrast, marketing XChat would be done in an entirely different way, in simple, friendly, normal language. But since we haven't launched, this is a phase XC has not entered yet.
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Co-Founder, the Blocknet
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hoertest
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October 02, 2014, 11:01:51 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. I agree, we need more volume, otherwise people might start leaving XC and that will result in a price drop that XC will probably not recover from. I don't think that's true. XC's tech is so strong that the price at any given point is completely unimportant. Tech like this is incredibly valuable; it's just a matter of when external factors coincide to facilitate the price coming to reflect its true value. define external factor please. Just do me a favor and keep the PR releases more in peoples language . Probably stupid language to your standards . will do wonders to grow the community. We had this discussion a few pages back if you wanna check it out. External factors: Bitcoin's downtrend, Summer, FUD, etc. Yes, I've been reading up on the past few pages and it's a pity I missed that conversation. It's valuable to me to hear how people experience XC's PR. I agree that "people's language" is more accessible, and this will be important when XC starts marketing XChat. The focus in the past has been to establish the following: - XC's legitimacy - The superiority of XC's tech - an understanding of XC's tech This, in my opinion, is best done by writing in a more formal and academic style. Such a style addresses security experts and the intellectual cryptographer community, and its tone is professional, serious, and clear. In contrast, marketing XChat would be done in an entirely different way, in simple, friendly, normal language. But since we haven't launched, this is a phase XC has not entered yet. I think security experts and Intelectual cryptographers while important to reach don't make or break a coin. people do. the tech is important but not all. its also about momentum and group dynamics and you won't get that to XC by catering the PR to such a small elite group alone. i feel people start to develope a defensive stance to XC because of that. I think the currency is just as or even more an everyday lifestyle product like the Chat so please consider adapting some of your laid out marketing concepts for Xchat also for XCurrency ( XPay ? )
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synechist
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 02, 2014, 11:15:48 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. I agree, we need more volume, otherwise people might start leaving XC and that will result in a price drop that XC will probably not recover from. I don't think that's true. XC's tech is so strong that the price at any given point is completely unimportant. Tech like this is incredibly valuable; it's just a matter of when external factors coincide to facilitate the price coming to reflect its true value. define external factor please. Just do me a favor and keep the PR releases more in peoples language . Probably stupid language to your standards . will do wonders to grow the community. We had this discussion a few pages back if you wanna check it out. External factors: Bitcoin's downtrend, Summer, FUD, etc. Yes, I've been reading up on the past few pages and it's a pity I missed that conversation. It's valuable to me to hear how people experience XC's PR. I agree that "people's language" is more accessible, and this will be important when XC starts marketing XChat. The focus in the past has been to establish the following: - XC's legitimacy - The superiority of XC's tech - an understanding of XC's tech This, in my opinion, is best done by writing in a more formal and academic style. Such a style addresses security experts and the intellectual cryptographer community, and its tone is professional, serious, and clear. In contrast, marketing XChat would be done in an entirely different way, in simple, friendly, normal language. But since we haven't launched, this is a phase XC has not entered yet. I think security experts and Intelectual cryptographers while important to reach don't make or break a coin. people do. the tech is important but not all. its also about momentum and group dynamics and you won't get that to XC by catering the PR to such a small elite group alone. i feel people start to develope a defensive stance to XC because of that. I think the currency is just as or even more an everyday lifestyle product like the Chat so please consider adapting some of your laid out marketing concepts for Xchat also for XCurrency ( XPay ? ) I agree completely with all of that. The only thing I would add is that marketing is a narrative. It has structure. You cannot start anywhere, you have to start where a brand is at. When I started on "X11coin", the task was to establish its legitimacy after the avalanche of FUD its had endured had subsided. What has resulted is XCurrency as we know it today: a tech leader. The task was legitimacy and tech-oriented. Hence the style of the PR. It would have made no sense to engage in normal/friendly "buy our product" type of communication, because the public had no trust in X11coin at that stage. Furthermore, XC's roadmap has its own narrative: first the foundation (Xnodes, multipath, meshnet...), and then the mainstream-friendly apps. We're not at the mainstream stage yet, and so the marketing hasn't started. I appreciate your frustration at the price's stability. It's frustrating to me too that it hasn't gone up 1000% as it ought to. But XC is a long-term investment. It's a matter of when, not if. And the mainstream-friendly marketing in "normal" language will come.
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Co-Founder, the Blocknet
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jibble
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October 02, 2014, 11:32:28 AM |
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Oh i forgot. its a long term investment. so our pathetic volume right now is something to joke about cause at least our little group of buddys can use group chat now.
Remeber mintpal is down for 24hours oh give me a break with f***ng mintpal. doesn't hurt others that much. I agree, we need more volume, otherwise people might start leaving XC and that will result in a price drop that XC will probably not recover from. I don't think that's true. XC's tech is so strong that the price at any given point is completely unimportant. Tech like this is incredibly valuable; it's just a matter of when external factors coincide to facilitate the price coming to reflect its true value. define external factor please. Just do me a favor and keep the PR releases more in peoples language . Probably stupid language to your standards . will do wonders to grow the community. We had this discussion a few pages back if you wanna check it out. External factors: Bitcoin's downtrend, Summer, FUD, etc. Yes, I've been reading up on the past few pages and it's a pity I missed that conversation. It's valuable to me to hear how people experience XC's PR. I agree that "people's language" is more accessible, and this will be important when XC starts marketing XChat. The focus in the past has been to establish the following: - XC's legitimacy - The superiority of XC's tech - an understanding of XC's tech This, in my opinion, is best done by writing in a more formal and academic style. Such a style addresses security experts and the intellectual cryptographer community, and its tone is professional, serious, and clear. In contrast, marketing XChat would be done in an entirely different way, in simple, friendly, normal language. But since we haven't launched, this is a phase XC has not entered yet. I think security experts and Intelectual cryptographers while important to reach don't make or break a coin. people do. the tech is important but not all. its also about momentum and group dynamics and you won't get that to XC by catering the PR to such a small elite group alone. i feel people start to develope a defensive stance to XC because of that. I think the currency is just as or even more an everyday lifestyle product like the Chat so please consider adapting some of your laid out marketing concepts for Xchat also for XCurrency ( XPay ? ) being able to independently verify apparently trustless anon tech is exactly what will make the coin. The very nature of what XC is trying to do relies on people being able to verify it. They also are trusted because of their skills and abilities, one could argue very strongly that these security experts have the most amount of people listening and trusting their opinions . Do you listen to someone who is an amateur crypto investor trading 0.1 btc here and there saying "BUY THIS COIN" Or if someone gives you clear precise reasons to invest in a coin and has also invested a large amount themselves and have been doing it for years. Which one has the most follows and people that trust their opinion? When Dan reviewed codes for other anon coins, He was a single person, his single action created buzz and price and volume increases to any coin he reviewed , This was a single person, that after reviewing caused the "group" to act accordingly. the security experts and the group dynamics go hand in hand with each other, The more skilled a person is, the more people follow and listen, meaning the information is spread to a larger group of people.
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